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$199,850
38 Days On Site

215 Piedmont Avenue NE 804
Atlanta, GA 30308

For Sale|Condominium|Active
1
Bed
1
Full Bath
0
Partial Baths
631
SqFt
$317
/SqFt
1963
Built
Subdivision:
Landmark
County:
Fulton
215 Piedmont Avenue NE 804215 Piedmont Avenue NE 804215 Piedmont Avenue NE 804215 Piedmont Avenue NE 804
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CASH FLOW JUGGERNAUT BUSINESS, NO RENTAL RESTRICTIONS, SHORT-TERM ALLOWED, Current Short-Term Business Annual Net Profit tops $16,000 after expenses PROFIT & LOSS STATEMENT & 5-YEAR PROFORM (Available upon request). Occupancy run rates over 80% per year. While Competitors focus on gross income, ask them about net profits. As an Owner/Agent, I am confident that few, if any, can match our level of transparency and detail. TAKE ADVANTAGE NOW The building is in the midst of an exciting transformation, with renovations underway following a major insurance claim. The finished renovations promise to enhance the property’s value and solidify its status as one of the most desirable high-rises in the Downtown area. Experienced and professional host offering education on property management. Uplisting Channel Management integrates All Three major booking platforms to optimize occupancy and nightly rates. This hands-off business model is supported by an excellent cleaning service partnership that provides both cleaning and linens. Schlage electronic door locks are used to track and manage guest access.**********Recently renovated one bedroom, one bathroom, living room/kitchen combination, and separate dining room. Fully supplied and stocked. ALL FURNISHING INCLUDED. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring), private bedroom with premium quality hybrid mattress and sleeper sofa, clean white bathroom, rare in-unit high-efficiency washer & dryer, high-speed internet, blackout blinds & curtains. It is furnished in calming blues, grays, and whites and is stocked to host several people comfortably, and is fully loaded. It features a queen-bedroom suite with a great view of the city. The living area features a rustic, charming real wood accent wall with an adjustable wall-mounted flatscreen TV. The kitchen area is fully stocked with quartz countertops, stainless appliances, and cooking & dining essentials.**********Building Bylaws allow for any rental lengths and no caps on the number of rentals. Perfect place to invest in a turn-key income-generating asset that is already cash-flowing and appreciating at the same time. The Landmark is one of the Downtown Atlanta skyline's most underrated buildings poised for skyrocketing appreciation. The homeowner association fee includes everything: 300 MB Xfinity Internet, Electricity, Heating, Cooling, Gas for cooking Range, Water, Sewer, 24-hour Concierge, plus all the HOA Amenities. One assigned parking space typically $55/night value, onsite 24-hour concierge, small fitness gym, full-size inground pool, and laundry facility available.

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Listing Snapshot
Price 
$199,850
Days On Site 
38 Days
Bedrooms 
1
Inside Area (SqFt) 
631 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.0145 Acres
Year Built 
1963
MLS® Number 
7495712
Status 
Active
Property Tax 
$2,113
HOA/Condo/Coop Fees 
$638 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.0145
Foundation 
Slab
Number Of Stories 
1
Parking 
Assigned
Parking Spaces 
1
Property Sub Type 
Condominium
Security 
Key Card EntrySecurity LightsSmoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
631
SqFt Total 
631
Stories 
One
Style 
High Rise (6 or more stories)
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalDryerGas RangeMicrowaveRefrigeratorWasher
Basement 
None
Cooling 
Multi Units
Fireplace Features 
None
Flooring 
Ceramic TileHardwood
Heating 
Hot Water
Interior 
Eat-in KitchenElevatorHis and Hers Closets
Laundry Features 
Electric Dryer HookupIn HallLaundry Closet
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
Concrete
Exterior 
None
Fencing 
None
Lot Features 
Corner LotLandscaped
Other Structures 
None
Patio And Porch 
None
Pool Features 
Indoor
Road Frontage 
City Street
Roof 
Other
Spa Features 
None
View 
City
Waterfront Features 
None
Waterview 
City
Community Features
Association Dues 
638
Community Features 
Sidewalks
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
Horse Property 
None
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Hope-Hill
Middle School
David T Howard
High School
Midtown
Listing Provided Courtesy Of: The Zac Team of RE/MAX Metro Atlanta Cityside listingagents@zac.biz

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Neighborhood & Commute
Source: Walkscore
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